otokx:
How do you rate this stock?

It's okay if you can get below 1.80 and it's NOT jijo.
It got to over N2 before coming down again. They're paying 20k dividend.
The FA/TA gurus have better answer.

NB: This is purely my opinion. Mr. Market have the altimate answer.

Uchetoba:
I actually consider that question irrelevant. But since you really need an answer, here is it:

The way I will feel about a preacher that come preach me with the smells of alcohol is the same way I will feel if that preacher comes to me the smells of fufu or body odour.

Again the 1Corinthians 8 : 13 that you quoted shows also that it is not a sin to drink alcohol but you chose to avoid it bc of what orders may say.

If you had read the Romans 14 that I recommended you would have seen the you are not suppose to call orders sinners just bc they eat what you do not eat.

Abeg una no go kill me with laugh. I love this thread.

Pls house when is AFRIPRUD paying their dividend

Mpeace:
uchetobe once said he would make some revelations on the stock including the projected share price. Nothing till now.
People don tie down money for this stock sote them lose all the dividends that zenith, uba, wapco etc had to offer. This life

What about the unbundling stuff? Any info on it?
I'll rather say they tied people's money down with the proposed unbundling. I bought that time too, expecting mouth watering "unbundling hope", had to sell at loss and move away.

Union Bank Delivers Double-Digit Q1'20 Earnings, Profitability Growth
https://businesspost.ng/banking/union-bank-delivers-double-digit-q120-earnings-profitability-growth/

Investors Further Mop up Banking Stocks Despite CBN’s Action
https://businesspost.ng/economy/investors-further-mop-up-banking-stocks-despite-cbns-action/

Worry as Dollar Sells at N460 at at Parallel Market
https://businesspost.ng/economy/worry-as-dollar-sells-at-n460-at-at-parallel-market/

Nigeria Abandons $2.36bn External Loan for N850bn Local Borrowing
https://businesspost.ng/economy/nigeria-abandons-2-36bn-external-loan-for-n850bn-local-borrowing/

Mpeace:
uchetobe once said he would make some revelations on the stock including the projected share price. Nothing till now.
People don tie down money for this stock sote them lose all the dividends that zenith, uba, wapco etc had to offer. This life

I think people should stop looking for tips and start doing some of the heavy lifting in reading up about these companies and their stocks themselves. If you are asking for specific information about a company, i guess that's okay but this trend of "Is company A a good stock to invest in?" just tire me. And people actually answer without understanding the person's investment goals, level of financial literacy and type of cash at the persons disposal. Tomorrow gbas gbos go full thread.

Well said

CashDiMkpa:


I think people should stop looking for tips and start doing some of the heavy lifting in reading up about these companies and their stocks themselves. If you are asking for specific information about a company, i guess that's okay but this trend of "Is company A a good stock to invest in?" just tire me. And people actually answer without understanding the person's investment goals, level of financial literacy and type of cash at the persons disposal. Tomorrow gbas gbos go full thread.

CashDiMkpa:
I think people should stop looking for tips and start doing some of the heavy lifting in reading up about these companies and their stocks themselves. If you are asking for specific information about a company, i guess that's okay but this trend of "Is company A a good stock to invest in?" just tire me. And people actually answer without understanding the person's investment goals, level of financial literacy and type of cash at the persons disposal. Tomorrow gbas gbos go full thread.

Well said!
Guess you referred to me here as well.
Well, i noticed that you people stopped replying enquiries here.
The experts are nowhere to be found, they thus resorted to asking the person available.
I think you people should come back!
When they ask, you can always answer them professionally and give more direction when one person err or is going off lane.
Keeping silent and ignoring them cos they're new to the system is not too good as far as I'm concerned. You guys started from somewhere too. No need to wait to condemn someone else's good intention.
This is my view of the situation of things here.

CashDiMkpa:
I.....

I'm very sure most of you stayed at the sideline looking and waiting for issues to come up so you could pass blame, rather than step in to assist or even issue cautions.
I saw only Uncle kolaish doing this few weeks ago.
Your fellow gurus will come out to support and give you 'likes' but they were nowhere to be found when these people needed answers to their enquiries or needed proper guidance. Leaving the 'work' to very few people, and even to me that is less experienced among you here.
Someone mentioned that hope we wouldn't weary Pa Emma and Oga Oracle cos you left only the two of them to be doing the 'talking' here most of the time.
Anyway, just feel like replying you ni.
Make Una no worry, Mcy too is thinking of moving to ghost mode.

Mcy56:

Well said!
Guess you referred to me here as well.
Well, i noticed that you people stopped replying enquiries here.
The experts are nowhere to be found, they thus resorter to asking the person available.
I think you people should come back!
When they ask, you can always answer them professionally and give more direction when one person err or is going off lane.
Keeping silent and ignoring them cos they're new to the system is not too good as far as I'm concerned.You guys started from somewhere too. No need to wait to condemn someone else's good intention.
This is my view of the situation of things here.

I made my comment partly because of the bolded. Some analyst here would highlight a stock and reserve details of their reasons. But they would not comeback to tell when they changed their minds on the stock, forgetting that many newbies, relying on their earlier highlights, must have made reasonable investments on those stocks believing the "promoter" to have equally keyed in.
Latter na regrets go follow and you will hear the promoter saying things like "I bailed out(secretly) last year at... with tesere profit" meanwhile the newbie continue to suffer in losses.

Madam, please do not feel discouraged by anyone. You are doing well and those you quoted have indirectly contributed to the discourse. It is now left for the newbies to look deep and pitch their tent where it best suits them. What advice will I give to anyone again? My average costs in UBA, UCAP, ZENITH, UPL are still far from today's' prices. let them keep buying the dividend-paying stocks.

Mcy56:

Well said!
Guess you referred to me here as well.
Well, i noticed that you people stopped replying enquiries here.
The experts are nowhere to be found, they thus resorted to asking the person available.
I think you people should come back!
When they ask, you can always answer them professionally and give more direction when one person err or is going off lane.
Keeping silent and ignoring them cos they're new to the system is not too good as far as I'm concerned. You guys started from somewhere too. No need to wait to condemn someone else's good intention.
This is my view of the situation of things here.

Mcy56:

Well said!
Guess you referred to me here as well.
Well, i noticed that you people stopped replying enquiries here.
The experts are nowhere to be found, they thus resorted to asking the person available.
I think you people should come back!
When they ask, you can always answer them professionally and give more direction when one person err or is going off lane.
Keeping silent and ignoring them cos they're new to the system is not too good as far as I'm concerned. You guys started from somewhere too. No need to wait to condemn someone else's good intention.
This is my view of the situation of things here.

@bolded...Not really Madam. I was referring more to the those who want to be told invest in coy A or coy B. The assistance you offer go beyond that including directing oldies and newbies on how to pursue dividend matters with registrars etc. Even me, when i am trying to stay away from the market for some days i just look for your price trend updates intermittently..so keep it up.

I have also seen you refer people to go and start reading from the beginning of the thread or start from past pages and I think that is the way to go.

Mpeace:
I made my comment partly because if the bolded. Some analyst here would highlight a stock and reserve details of their reasons. But they would not comeback to tell when they changed their minds on the stock, forgetting that many newbies, relying on their earlier highlights, must have make reasonable investments on those stocks believing the "promoter" to have equally keyed in.
Latter na regrets go follow and you will hear the promoter saying things like "I bailed out(secretly) last year at... with tesere profit" meanwhile the newbie continue to suffer in losses.

Yeah! UACN and Wapco comes to mind here.

Mpeace:
I made my comment partly because if the bolded. Some analyst here would highlight a stock and reserve details of their reasons. But they would not comeback to tell when they changed their minds on the stock, forgetting that many newbies, relying on their earlier highlights, must have make reasonable investments on those stocks believing the "promoter" to have equally keyed in.
Latter na regrets go follow and you will hear the promoter saying things like "I bailed out(secretly) last year at... with tesere profit" meanwhile the newbie continue to suffer in losses.

Exactly. They tell you when its time to buy but don't tell you when its time to sell. In the mini bull of December/January I remember some people, me inclusive, requested Oracle to signal when its time to bail out and he did. But those who may not understand the fundamentals of stock investment, and the up and down movement started abusing the poor guy; calling him a harbinger of bad news. The rest is now history.

Uchetoba:
I actually consider that question irrelevant. But since you really need an answer, here is it:

The way I will feel about a preacher that come preach me with the smells of alcohol is the same way I will feel if that preacher comes to me the smells of fufu or body odour.

Again the 1Corinthians 8 : 13 that you quoted shows also that it is not a sin to drink alcohol but you chose to avoid it bc of what orders may say.

If you had read the Romans 14 that I recommended you would have seen the you are not suppose to call orders sinners just bc they eat what you do not eat.

Well, this is ur opinion. However, the average folks here will not take a drunk as serious as they take one with body odour or fufu smell, though they all should be avoided.

FINALLY ON THIS ISSUE, THE BIBLE CALLS EVERY UNRIGHTNESS, "SIN"

John 5:17 King James Version (KJV)
All unrighteousness is sin: ...

The final questions are these: IS IT RIGHT TO SMELL LIKE FUFU, WHEN YOU WOULD HAVE WASHED? IS IT RIGHT TO SMELL LIKE SWEAT WHEN YOU WOULD HAVE BATH OR WASHED YOUR CLOTHES? IS IT RIGHT TO DRINK BEER WHEN RICE, CORN, ETC ALSO CONTAIN ALCOHOL?

Also as flat as GTBANK

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29822_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29822_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf

Flat Result. Ok in nominal terms but impact of cost of regulation and regulatory risks are apparent.

Loans and Advance grew by 44% but interest income declined by 6%. Impairment charges almost doubled. Opex grew by 14%. Net commission and fees dropped by 28%.

Trading income almost doubled but not sustainable as their stock of treasury bills dropped by 20%. They can't match this type of volume/income relationship from the new stock of tbills on offer.

So we watch and begin to moderate expectations for 2020.

The results helped with foreign exchange revaluation of over 14b

CashDiMkpa:


Flat Result. Ok in nominal terms but impact of cost of regulation and regulatory risks are apparent.

Loans and Advance grew by 44% but interest income declined by 6%. Impairment charges almost doubled. Opex grew by 14%.

rebekah2011:
The results helped with foreign exchange revaluation of over 14b

Yes. They are masters there.

I expected J.Berger not to be caught in this revaluation trap as in 2016 and 2017 but its like they didnt learn much from that experience. They need a better Treasury function.

Wrong Motives/Pitfalls to Avoid while Investing:

1. investing just because others are doing so
2. investing as part of the rat race
3. investing to avoid given needed help that is in your power to do
4. investing to avoid taking care of your immediate family current basic needs
5. investing to compete and at the expense of necessity of life
6. investing to shame your friends or others/to show off
7. investing to feed your ego

Right Motives for Investing:

1. Investing to generate passive income
2. Investing as a means of planning for future
3. Investing to increase streams of income
4. Investing to take care of present and future needs of yourself and family
5. Investing to help the needy to meet necessity of life
6. Investing to retire well

For good investment products from Investment One - stocks or mutual funds contact: 08181057319 or click the link on my signature to open account online.

CashDiMkpa:
@bolded...Not really Madam. I was referring more to the those who want to be told invest in coy A or coy B. The assistance you offer go beyond that including directing oldies and newbies on how to pursue dividend matters with registrars etc. Even me, when i am trying to stay away from the market for some days i just look for your price trend updates intermittently..so keep it up.

I have also seen you refer people to go and start reading from the beginning of the thread or start from past pages and I think that is the way to go.

Okay. Thanks sir.
Think I get what you meant by the post better. Hope you know I hold no grudges whatsoever. I talk my own I move.

rebekah2011:
Madam, please do not feel discouraged by anyone. You are doing well and those you quoted have indirectly contributed to the discourse. It is now left for the newbies to look deep and pitch their tent where it best suits them.

Ok. Thanks sir.
Na too much free time dey worry me self. ......just felt I should give back in my own little way cos Ive gained here too.

The type of trade going on in FBNH. 40m units traded and still counting ,which I have funds to accumulate more

Mcy56:

Okay. Thanks sir.
Think I get what you meant by the post better. Hope you know I hold no grudges whatsoever. I talk my own I move.

I no see the grudge o.....

dharpzee:
Also as flat as GTBANK

In view of the prevailing economic climate, I would view a flat result as a super result (even -15%)

Heavy crossing happening in FBNH at N4.60

Mcy56:

Well said!
Guess you referred to me here as well.
Well, i noticed that you people stopped replying enquiries here.
The experts are nowhere to be found, they thus resorted to asking the person available.
I think you people should come back!
When they ask, you can always answer them professionally and give more direction when one person err or is going off lane.
Keeping silent and ignoring them cos they're new to the system is not too good as far as I'm concerned. You guys started from somewhere too. No need to wait to condemn someone else's good intention.
This is my view of the situation of things here.

God bless you my sister.
You are the main engine driving this thread now.
Many individuals have succeeded in driving away selfless individuals from this thread.
I visit this thread almost every day for about three years now and can tell that it is seriously loosing its value.
Maybe they want the thread to close so that everyone will go and find his/her square root.

CashDiMkpa:
I no see the grudge o.....

Okay. Thank you.

seyisanya:

https://www.nairaland.com/5669161/us-stocks-pick-alert/38

I can't get the answer there.

bigjay01:
In view of the prevailing economic climate, I would view a flat result as a super result (even -15%)

You're right sir.
To me the result is okay. If we even consider it from the point of view of events that happened in first quarter.